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A charming 2-unit on a corner lot in Biddeford. This multi-family investment opportunity features two updated 3-bedroom apartments. The building presents an excellent chance for investors seeking a value-driven investment in a sought-after location. Both units feature private entrances with three bedrooms and one bathroom, making them ideal for tenants seeking comfortable living spaces. The units are rentable as-is, providing an immediate income stream, or they can be renovated to maximize income generation. The first-floor unit holds a flexible layout, catering to various types of tenants. Alongside its three bedrooms, it includes an extra room that can potentially be utilized as an additional bedroom or versatile office space. The upstairs unit offers convenient access to ample storage space in the attic. The extra under-utilized square footage plus the garage space leaves room for upside and customization. Benefiting from its prime location 0.4 miles from the booming downtown Biddeford (nationally termed the quiet sister of Portland'), this property provides proximity to an array of amenities, beaches, shops, trendy restaurants, and easy access to public transportation.
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Updated: 23rd September, 2023 6:09 PM (UTC)
Listing Office: F.O. Bailey Real Estate
Attribution contact: 207-781-1111 | 207-650-9247